State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
266 hedge funds and large institutions have $2.06B invested in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF in 2017 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 104 increasing their positions, 98 reducing their positions, and 23 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 98
4% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 23
2% more capital invested
Capital invested by funds: $2.01B → $2.06B (+$43.8M)
0.52% more ownership
Funds ownership: 60.39% → 60.91% (+0.52%)
1% less funds holding
Funds holding: 268 → 266 (-2)
10% less funds holding in top 10
Funds holding in top 10: 21 → 19 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$86.6M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$23.4M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$13M |
| 4 |
CAG
Crestwood Advisors Group
Boston,
Massachusetts
|
+$12.1M |
| 5 |
GC
Gratus Capital
Atlanta,
Georgia
|
+$7.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PL
Plancorp LLC
Saint Louis,
Missouri
|
-$25.1M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$19.6M |
| 3 |
GA
Gateway Advisory
Westfield,
New Jersey
|
-$15.6M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$14.6M |
| 5 |
PC
Premise Capital
Naperville,
Illinois
|
-$10.9M |
SHM Hedge Fund Activity: Q1 2017 in Review
266 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) for Q1 2017, worth a combined $2.06B — up 2.2% from $2.01B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new SHM positions and 23 closed out — a net gain of 1 holder — while 104 added to existing stakes and 98 trimmed.
The largest buyer was Bank of America, adding an estimated $86.6M. The largest seller was Plancorp LLC, cutting an estimated $25.1M.
- 266 institutional investors held State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) as of Q1 2017, down from 268 in Q4 2016.
- Funds reported $2.06B of State Street SPDR Nuveen ICE Short Term Municipal Bond ETF stock for Q1 2017, up 2.2% quarter-over-quarter.
- 24 funds opened new State Street SPDR Nuveen ICE Short Term Municipal Bond ETF positions in Q1 2017 and 23 closed out, a net change of +1 holder.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF buyer in Q1 2017 was Bank of America, an estimated $86.6M added.
- The largest State Street SPDR Nuveen ICE Short Term Municipal Bond ETF seller in Q1 2017 was Plancorp LLC, an estimated $25.1M sold.
Based on aggregated 13F filings for Q1 2017.